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First Trust Japan AlphaDEX Fund (NASDAQ:FJP) to Issue Quarterly Dividend of $0.46

First Trust Japan AlphaDEX Fund (NASDAQ:FJP - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 26th will be given a dividend of 0.4626 per share on Monday, June 30th. This represents a $1.85 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Thursday, June 26th. This is a 24.1% increase from First Trust Japan AlphaDEX Fund's previous quarterly dividend of $0.37.

First Trust Japan AlphaDEX Fund Stock Up 1.5%

NASDAQ:FJP traded up $0.92 during trading hours on Friday, reaching $60.23. The company had a trading volume of 29,525 shares, compared to its average volume of 15,103. The firm has a market cap of $171.64 million, a price-to-earnings ratio of 9.74 and a beta of 0.67. The business's 50-day simple moving average is $57.56 and its two-hundred day simple moving average is $54.51. First Trust Japan AlphaDEX Fund has a twelve month low of $43.52 and a twelve month high of $60.54.

Institutional Investors Weigh In On First Trust Japan AlphaDEX Fund

A hedge fund recently raised its stake in First Trust Japan AlphaDEX Fund stock. Jones Financial Companies Lllp raised its holdings in First Trust Japan AlphaDEX Fund (NASDAQ:FJP - Free Report) by 2,389.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,309 shares of the company's stock after buying an additional 8,935 shares during the period. Jones Financial Companies Lllp owned about 0.33% of First Trust Japan AlphaDEX Fund worth $510,000 as of its most recent filing with the Securities and Exchange Commission.

About First Trust Japan AlphaDEX Fund

(Get Free Report)

The First Trust Japan AlphaDEX Fund (FJP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Japan index. The fund tracks a tiered equal-weighted index of Japanese equities selected using both growth and value screens. FJP was launched on Apr 18, 2011 and is managed by First Trust.

See Also

Dividend History for First Trust Japan AlphaDEX Fund (NASDAQ:FJP)

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